Net sales for the first third quarters of the year are SEK 1 355.8 million. Operating profit for the same period is SEK 164.4 million. During the third quarter of the year, sales is SEK 390.2 (395.0) million, operating profit increases with 7.5 % to SEK 43.1 (40.1) million and operating margin increases to 11.0% (10.1%). Cash flow for the first three quarters of the year amounts to SEK 183.0 million and liquid assets total SEK 150.5 million. During the second quarter, as announced earlier, we divested our holding in Westend Affärscentrum Oy, which is our former office space in Finland. The divestment generated a profit of SEK 22.8 million.
“During the third quarter, the profit, margin and cash flow are growing, during a seasonally weak quarter with lots of holidays and little time available. In comparison with the three first quarters previous year, we increase revenue, net profit, margin and cash flow”, says Lars Stugemo, President and CEO of HiQ.

HiQ is initiating a partnership with Orkla Foods to explore future digital solutions that help consumers make smart, sustainable choices in the food jungle.
“This project will deliver innovative new digital solutions with a sharp focus on sustainability and fully aligns with HiQ’s vision to make the world better and a little more fun. We are thrilled to get the opportunity to do this together with Orkla Foods,” says Anna Kleine, Managing Director of HiQ Skåne.

As of 31 May 2019 the number of outstanding shares and votes in HiQ International AB amount to 55 839 587 shares, following a decrease of the number of shares and votes in May by 55 839 587.